Governments of Canada and Saskatchewan Support Yorkton Family to Break Ground at Future Home
The Government of Saskatchewan today joined representatives from Habitat for Humanity to officially announce the start of construction for a new build that will support a family in need. Member of the Legislative Assembly for Yorkton Greg Ottenbreit, on behalf of Social Services Minister and Minister responsible for Saskatchewan Housing Corporation Lori Carr, attended a sod-turning ceremony for a Habitat for Humanity build that will make homeownership a reality for a Yorkton family.
The home will be a four-bedroom, raised bungalow located at 158 Darlington Street East. A basement will also be developed with an additional bedroom to accommodate a growing family. The home is approximately 1,008 square feet, or 93.65 square metres.
"Every Canadian deserves a safe and affordable place to call home. Our Government is proud to work with Habitat for Humanity to make a real difference in the lives of families here in Yorkton and everywhere in Canada. This is the National Housing Strategy at work.” – The Honourable Ahmed Hussen, Minister of Families, Children and Social Development and Minister Responsible for Canada Mortgage and Housing Corporation (CMHC).
"The Government of Saskatchewan is proud to once again work with our partners at Habitat for Humanity to support a Saskatchewan family in need. Habitat's important work aligns with our government's goal of ensuring all residents have access to safe, stable and affordable housing. This home will serve as the foundation for a Yorkton family to build a brighter future for themselves, and I look forward to celebrating this exciting milestone with them when they have keys in hand for their new home." - Member of the Legislative Assembly for Yorkton Greg Ottenbreit
- Each partner family selected by Habitat contributes 500 partnering hours in building their home or other Habitat homes. The family purchases their home at fair market value, paying an interest-free, zero down-payment mortgage set at 25 per cent of their annual gross income. Upon completion, the affordable no-interest mortgage is provided by Habitat to partner families with mortgage payments going back for future builds. To learn more about Habitat for Humanity and their work across Saskatchewan, visit www.habitat.ca.
- The Government of Canada is currently rolling out its National Housing Strategy (NHS), an ambitious 10-year, $40 billion plan that will create 100,000 new housing units and lift 530,000 families out of housing need, as well as repair and renew more than 300,000 housing units and reduce chronic homelessness by 50 per cent.
- The Government of Canada, through CMHC, along with the Government of Saskatchewan, through Saskatchewan Housing Corporation (SHC), are contributing $65,000 each to build the home through the CMHC-Saskatchewan Bi-Lateral Agreement under the 2017 NHS.
- The Government of Saskatchewan's overall commitment to Habitat totals $12.4 million since 2009. This investment supports Saskatchewan's Housing Strategy goals of ensuring Saskatchewan people have access to affordable, safe, secure and stable housing.
As Canada's authority on housing, CMHC contributes to the stability of the housing market and financial system, provides support for Canadians in housing need, and offers unbiased housing research and advice to all levels of Canadian government, consumers and the housing industry. CMHC's aim is that by 2030, everyone in Canada has a home they can afford, and that meets their needs. For more information, please visit www.cmhc.ca or follow us on Twitter, Instagram, YouTube, LinkedIn and Facebook.
To find out more about the National Housing Strategy, visit www.placetocallhome.ca.
Pursuant to the National Housing Strategy, the Canada-Saskatchewan Bilateral Agreement will invest $449.9 million over the next 10 years, cost matched by the federal and provincial governments, in housing across the province. CMHC and the Government of Saskatchewan have reached agreement on the first three-year action plan.
Under the Agreement, housing is a key priority in providing a better quality of life for Saskatchewan families and communities. Since 2007, the Government of Saskatchewan has invested $804 million to develop or repair more than 16,600 housing units around the province. To learn more, visit www.saskatchewan.ca.